Blockchain software company ConsenSys will be integrating its Ethereum-based distributed ledger protocol Quorum with China’s Blockchain-based Service Network (BSN), ConsenSys said in a press release on 25 January.
According to the announcement, the goal of the partnership is to make ConsenSys applications available on China’s nationwide blockchain project, enabling developers to build Ethereum-based enterprise solutions. Quorum — which ConsenSys acquired from J.P. Morgan last year — will be configured to GoQuorum as to be “interoperable with other permissioned frameworks on BSN”. Joseph Lubin, the founder of ConsenSys, commented on the integration:
“We believe that the different open source blockchain protocols need to interoperate, and with the BSN we are taking a significant step forward in bringing ConsenSys Quorum to many enterprises in China that could benefit from transparent collaborative business networks.”
Even though less than a year old, BSN already has more than 100 public nodes across 80 different cities — in which Quorum will be available at launch — in mainland China. In order to accelerate the enterprise adoption of blockchain technology in China, the BSN will also launch Quorum training programs sometime in 2021. The ConsenSys Codefi — a blockchain application suite — will also be featured on the BSN, making apps such as Orchestrate, Workflow, and Assets available on the BSN marketplace.
Launched in April 2020, the BSN aims to reduce the costs and entry threshold for dApp development by creating an environment where developers can build dApps on both public and permissioned blockchains. Backed by China’s State Information Center, a think tank under the National Development and Reform Commission, BSN already supports major blockchains such as Ethereum, EOSIO, Tezos, Polkadot, and more.